finalsite, a leading online learning and communications platform for the
education industry, today announced that it has acquired Silverpoint, a
provider of websites and software to independent schools. The
acquisition enhances finalsite’s global reach and scale and supports
continuing innovation in bringing world-class design services and
content management systems to customers.

"finalsite’s acquisition of Silverpoint creates a phenomenal company
that features vast experience in all components of web-based
communications solutions, design and services. Now with a presence in 54
countries around the world, our joint resources will enable us to offer
schools a deeper and more comprehensive suite of software systems,
multi-platform solutions and premium creative services,” said Jon Moser,
finalsite’s founder and Chief Executive Officer. “I look forward to
working with Angelo Otterbein and the Silverpoint team to create the
most dynamic content management system on the market while continuing to
provide world-class service to our current and future independent school
clients, as well as public schools and higher education institutions.”

“We are thrilled to join finalsite, which has long been recognized as an
innovative industry leader,” said Angelo Otterbein, President of
Silverpoint, who will serve on the Board of Directors and as Chief
Innovation Officer of the combined company. “With our complementary
strengths and focus on providing unmatched service to our clients, we
are well-positioned to continue delivering compelling solutions across
the globe, and we are committed to making the transition seamless for
our customers.”

Silverpoint today serves more than 300 clients in the K-12 and college
markets delivering customized sites for external and internal
communities. In addition to providing web design, development and
support services, Silverpoint’s proprietary software, SchoolSuite,
provides content management, calendar, news, multimedia and mobile
capabilities within an integrated platform.

Following the acquisition of Silverpoint, finalsite will serve over
1,300 schools across the world. finalsite delivers a SaaS-based,
customized web platform to leading independent and public schools,
colleges and organizations seeking to centralize and enhance their
online learning and communications offerings. finalsite is a portfolio
company of Spectrum Equity, a growth equity firm focused on the
information economy.

About finalsite

finalsite's online learning and communications platform is utilized by
over 1,000 schools and educational organizations across 48 countries and
as many as 1 million unique users per day around the world. The platform
facilitates the distribution of digital content across school
communities and in classrooms via a proprietary, SaaS-based software
suite accessed through desktops and mobile devices. In addition,
finalsite's software enables customers to engage dynamically with a wide
range of third party data providers including student information
systems, learning systems and social media applications. finalsite is
based in East Hartford, CT. For more information, please visit http://www.finalsite.com.

About Silverpoint

Founded by Angelo Otterbein and Frank LeCates in 1996, Baltimore,
MD-based Silverpoint has provided creative services, software and
services to independent schools in the U.S. and internationally. In
addition to its award-winning web designs, Silverpoint recently released
a customizable native mobile application to better serve its customers
across platforms. Silverpoint has additional offices in San Francisco,
CA, and Hoboken, NJ. For more information, please visit http://www.silverpoint.net.

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